Friday, May 7, 2010

May 07 2010 Travus T. Hipp Morning News & Commentary: Losing The War Of Ideas And Ideals - On Anwar al-Awlaki, Apologist For, And 'Tom Paine' Of Jihad

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Cabale News ServiceMay 07 2010 Travus T. Hipp Morning News & Commentary: Losing The War Of Ideas And Ideals - On Anwar al-Awlaki, Apologist For, And 'Tom Paine' Of... Jihad

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Thanks this morning to ChrisM, my MP3Angel, for supplying the commentary audio file.

Yesterday, the stock market gained 700 points in 7 minutes.... after losing 1000 in 10, because SOMEONE signed on to sell a million shares of Proctor & Gamble but hit the button marked B (BILLION) instead of M (Million). Along with jitters over the economies of Spain Portugal and Greece (see the next piece) that share dump caused a chain reaction of automatic trading through the market... A few of the largest U.S. companies were worth ZERO at some point. Much closer to their actual value than usual. Case in point P&G's Price-Earning ratio last month was 15:1. For the non-market savvy. that means for every dollar of the company's earnings, one pays $15. Not QUITE gambling.

Greece passes a law to borrow $140 billion dollars but the Greek people will have their retirement age extended from 53, social benefits will be cut... and so much more. This leads to 4 days of riots, bank burnings... 4 dead. More.

New job numbers are out... 295,000 new jobs were created last month (...want fries with that sir?) but unemployment is still rising.

The middle class Pakistani-American who tried a half-assed car bombing in Times Square is apparently a follower of Anwar al-Awlaki, currently believed to be in Yemen. More in the commentary.

The Senate Democrats defeat an attempt by the Republicans to kill funding for the Consumer Protection Agency attached to the Consumer Reform Bill.

Kimberly-Clark has a new series of "Pampers" toddler diapers with a desiccant in them to absorb urine. The desiccant is apparently causing rashes on many children.

The British are going to have to form some sort of a coalition government after the recent elections fail to deliver a majority to any particular party. The Queen may have to decide who the next Prime Minister will be... over tea. Seriously.

Reference for the commentary's featured 'terrorist':
Anwar al-Awlaki (also spelled Aulaqi; born April 22, 1971 (age 39) in Las Cruces, New Mexico)[3][4][5][6] is an American Muslim lecturer, spiritual leader, and former imam. As of early 2010, he was thought to be living in Yemen.[7] Numerous sources have claimed Al-Awlaki incites terrorism and has ties to the terrorist organization al-Qaeda. Anwar al-Awlaki has denied all such charges,[7][4][8] and some analysts have said the alleged ties to the group are "more speculative and assumed than concrete."[9] Although al-Awlaki is a U.S. citizen, President Barack Obama approved the targeted killing of al-Awlaki; a step that required the consent of the National Security Council, and that made him the first U.S. citizen ever to be placed on the list of those the CIA is allowed to kill.[10][11][12] [Wikipedia, Anwar al-Awlaki


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